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Lenovo's Q4 profit falls 41%
Thu, 25 May 2017 05:18:00 GMT
 
On Thursday, Lenovo Group Ltd., a Chinese computer maker, reported a 41% drop in profit for the fourth quarter, caused by lower demand for personal computers. >>
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Philippine Finance Minister attempts to dismiss martial law concerns
Thu, 25 May 2017 05:04:35 GMT
 
On Thursday, Carlos Dominguez, the Finance Minister of the Philippines, stated that President Duterte's decision to impose martial law on the Mindanao island does not affect the economic situation in >>
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Oil edges up on OPEC's 2018 output cut expectations
Thu, 25 May 2017 04:30:59 GMT
 
Early on Thursday, prices for oil edged at least 1% higher, amid expectations of the OPEC announcing its production cut extension into 2018 in a meeting due later today. >>
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Lenin Moreno becomes Ecuador's new president
Thu, 25 May 2017 04:22:31 GMT
 
On Wednesday, the former vice president of Ecuador Lenin Moreno was sworn in as the country's new president, having promised to keep his predecessor's social programs intact. >>
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Russians debate how to impact Trump via advisors
Thu, 25 May 2017 02:53:37 GMT
 
Senior Russian political officials and intelligence discussed how to impact Donald Trump through his aides, according to the facts gathered by American agents last summer. >>
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Fed's Kaplan thinks "very strongly" trade agreements help US
Thu, 25 May 2017 02:44:57 GMT
 
Robert Kaplan, the Dallas Fed President, said he thinks "very strongly" that US trade relationships with Mexico, Canada support US competitiveness. >>
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BNP Paribas to make $350M payment to settle New York probe
Thu, 25 May 2017 02:11:53 GMT
 
BNP Paribas agreed to pay $350M to the New York Department of Financial Services to resolve an investigation of company's misconduct in FX trading business. >>
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Treasury head says revising Iran's plane licenses
Thu, 25 May 2017 02:07:44 GMT
 
The US Treasury is revising licenses for Airbus and Boeing to sell jets to Iran, Steven Mnuchin said, showing intention to increase sanctions on Syria, Iran and North Korea. >>
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Trump lands in Brussels ahead of NATO meeting
Wed, 24 May 2017 20:07:12 GMT
 
Having met with Pope Francis earlier today, the US President Donald Trump landed in Brussels ahead of tomorrow's summit with other leaders of NATO member sates. >>
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Fed favours balance sheet cuts in 2017
Wed, 24 May 2017 20:06:34 GMT
 
At their latest policy meeting, the Federal Reserve officials said they saw the beginning of the Fed's massive balance sheet wind-down over the course of 2017. >>
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USD/SEK 4h Chart: Channel Down
Wed, 24 May 2017 19:20:06 GMT
 
The Greenback is depreciating against the Swedish Krona simultaneously in two descending channel patterns. One of the channels is a representation of the pair's bounce off from the dominant channel's >>
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XAG/USD 4h Chart: Channel Up
Wed, 24 May 2017 19:19:41 GMT
 
The previous metal, namely, silver is surging in an ascending channel pattern after breaking the previously active channel down pattern. The braking of the previous pattern was caused by a >>
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GM to reduce staff in Singapore
Wed, 24 May 2017 19:16:30 GMT
 
General Motors said it was going to reduce the number of employees in its international HQ in Singapore to around 50 people by the end of 2017. >>
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FOMC meeting minutes: Fed cautious about policy tightening
Wed, 24 May 2017 19:15:05 GMT
 
The FOMC meeting minutes released today revealed the Fed policymakers appeared cautious about policy tightening and agreed that they should postpone raising rates. >>
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Germany, France to accept NATO role in fight against Islamic militants
Wed, 24 May 2017 18:01:48 GMT
 
German, France are set to accept US plan for a bigger NATO role in the fight over against Islamic State, but insist the gesture is purely symbolic for the US, >>
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